Small business operators are working weekends and nights to organize the paperwork necessary to meet their EOFY obligations, according to the latest MYOB Business Monitor – a bi-annual national survey of over 1,000 SME owners. “Many operators are making significant personal sacrifices over and above running their day-to-day business, making EOFY not only stressful but […]
Business planning tends to be done in cycles. A cycle may be a week, a month, a quarter or a year. At the end of every cycle, you have the opportunity to compare your business plan to your actual results. The insights you gain from this are used to plan for the next cycle. Smart […]
Despite federal election promises of greater support for SMEs, businesses owners remain pessimistic about the Australian economy, with two in five expecting it to worsen in the coming year, the latest MYOB Business Monitor revealed. The bi-annual national survey of over 1,000 SME operators found that 42% believe the economy will decline over the […]
MYOB has rated the Federal Government’s 2016 Budget a 9/10 for its positive impact on Australian Small and Medium sized businesses – saying the initiatives are welcomed but could have gone further and faster. MYOB congratulates the Federal Government on again recognising the power of SMEs in driving the Australian economy especially as it transitions away […]
With three business days remaining before the the Federal Budget is announced, small to medium business owners have voiced a united desire for company tax rates to be reduced, according to the latest MYOB Business Monitor. The MYOB survey of more than 1,000 Australian SMB owners found that 60% of SMEs agreed that company tax rates should be reduced, […]
One of the most important aspects of Prime Minister Malcolm Turnbull’s newly announced innovation initiative is the focus it brings on the opportunity to invest in the small business sector. The tax incentives will undoubtedly attract more investment, and the loosening of capital insolvency regulations will compliment this by providing less downside to entrepreneurs from […]
‘Singularity’ is word used to describe something of distinction or wonder. Simple and unassuming? Not if the latest MYOB report in its ‘Future of Business’ series is anything to go by. The report entitled ‘Surviving the Singularity’ discusses the future of businesses around Australia as technology reaches the point when machines are capable of independent […]
Three months after the 2015 Budget announced a $20,000 tax break to small businesses, Tim Reed, CEO of MYOB, provider of business management solutions, shares his professional view with Dynamic Business on the effect these budget measures can have on the Australian small business community. Commenting on the $20,000 tax break, Mr Reed said “small […]
If IT isn’t your area of expertise, Citrix understands that re-thinking the way you operate can be a daunting process. What data should you host, what market offerings are the best, and how can you be sure that your corporate information will be safe in this new environment?
Unfortunately, for the time-poor small or medium business owner, innovation often gets pushed to the back of the pile. If SMEs are going to commit to investing time on innovation, it needs a new image.
